2429 Baycrest Drive
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Oct 25, 2025 | Price Decreased |
$349,000
↓ $6K
(1.7%) | |
| Price Decreased | |||
| Sep 23, 2025 | Price Decreased |
$355,000
↓ $20K
(5.3%) | |
| Price Decreased | |||
| Sep 3, 2025 | Listed by RE/MAX Space Center | $375,000 | |
| Listed by RE/MAX Space Center | |||
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Well-Maintained 1-story Home in Nassau Bay! This 2/3-Bedroom, 2-Bath home features an open concept living space with 13-foot ceilings, architecturally designed arches, & double crown moldings that add style & dimension. The flexible layout includes a third bedroom currently staged as an office, easy to convert back to a bedroom. Additional features include gas fireplace, engineered wood & tile flooring, granite countertops w/under-cabinet lighting, beverage fridge & a full underground sprinkler system. Updates include: HVAC Condenser Unit & Roof (2021), Evaporator HVAC Unit (2022), Jenn-Air Cooktop, Garage Door & Opener (2023), New Fence (2024). The spacious backyard backs up to Swan Lagoon Park & features two covered patio areas, creating a private, peaceful setting w/multiple outdoor sitting areas. Storage Shed conveys w/property. A partial bay view is just across the street. Conveniently located near HWY 146, I-45, NASA’s Space Center, Methodist Hospital & local amenities.
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Nassau Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017